The historical rank and industry rank for Cryofocus Medtech (Shanghai) Co's Days Inventory or its related term are showing as below:
HKSE:06922'
s Days Inventory Range Over the Past 10 Years
Min: 518.24 Med: 670.02 Max: 858.72
Current: 858.72
During the past 4 years, Cryofocus Medtech (Shanghai) Co's highest Days Inventory was 858.72. The lowest was 518.24. And the median was 670.02.
HKSE:06922's Days Inventory is ranked worse than 94.48% of 779
companies
in the Medical Devices & Instruments industry
Industry Median: 192.78
vs HKSE:06922: 858.72
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cryofocus Medtech (Shanghai) Co's Inventory Turnover for the
six
months ended in Jun. 2023 was 0.19.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Cryofocus Medtech (Shanghai) Co's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 1.20.
Cryofocus Medtech (Shanghai) Co Days Inventory Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Cryofocus Medtech (Shanghai) Co Days Inventory Chart
Competitive Comparison of Cryofocus Medtech (Shanghai) Co's Days Inventory
For the Medical Devices subindustry, Cryofocus Medtech (Shanghai) Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cryofocus Medtech (Shanghai) Co's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Cryofocus Medtech (Shanghai) Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cryofocus Medtech (Shanghai) Co's Days Inventory falls into.
Cryofocus Medtech (Shanghai) Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cryofocus Medtech (Shanghai) Co (HKSE:06922) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Cryofocus Medtech (Shanghai) Co's Inventory Turnover for the
six
months ended in Jun. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Cryofocus Medtech (Shanghai) Co's Inventory to Revenue for the
six
months ended in Jun. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Cryofocus Medtech (Shanghai) Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Cryofocus Medtech (Shanghai) Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cryofocus Medtech (Shanghai) Co (HKSE:06922) Business Description
Cryofocus Medtech (Shanghai) Co Ltd is a medical device company engaged in the research and development, manufacture and sale of cryoablation minimally-invasive interventional treatment technology and related medical products. It has two Core Products, the Bladder Cryoablation System and the Endoscopic Clip for Anastomosis. The Bladder Cryoablation System is a cryotherapy device designed for the treatment of bladder cancer. The Endoscopic Clip for Anastomosis is an anastomotic device for the closure of soft tissue in the digestive tract, which is one of the over-the-scope clips. Geographically company's key revenue is generated from China.
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